diff --git a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/internal/ProcessedFilesCache.kt b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/internal/ProcessedFilesCache.kt
index 53be8012d9d..2a75d55dc12 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/internal/ProcessedFilesCache.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/internal/ProcessedFilesCache.kt
@@ -19,7 +19,6 @@ import java.io.File
  * Cache for preventing processing some files twice.
  * Files are precessed to some subdirectories of [targetDir] called `target`.
  * [getOrCompute] returns path to directory with files produced for given input file.
- * Absent target directories will be deleted on [close].
  * `compute` will be called only for source files that was changed since last processing.
  *
  * See [org.jetbrains.kotlin.gradle.targets.js.npm.GradleNodeModuleBuilder] for example.
@@ -74,7 +73,7 @@ internal open class ProcessedFilesCache(
             json.name("items")
             json.obj {
                 byHash.forEach {
-                    json.name(it.key.toHex())
+                    json.name(it.key.contents.toHex())
                     json.obj {
                         json.name("src").value(it.value.src)
                         json.name("target")
@@ -124,15 +123,32 @@ internal open class ProcessedFilesCache(
 
     private fun Char.toDigit(): Int = Character.digit(this, 16).also { check(it != -1) }
 
+    class ByteArrayWrapper(val contents: ByteArray) {
+        override fun equals(other: Any?): Boolean {
+            if (this === other) return true
+            if (javaClass != other?.javaClass) return false
+
+            other as ByteArrayWrapper
+
+            if (!contents.contentEquals(other.contents)) return false
+
+            return true
+        }
+
+        override fun hashCode(): Int {
+            return contents.contentHashCode()
+        }
+    }
+
     private class State {
-        val byHash = mutableMapOf<ByteArray, Element>()
+        val byHash = mutableMapOf<ByteArrayWrapper, Element>()
         val byTarget = mutableMapOf<String, Element>()
 
-        operator fun get(elementHash: ByteArray) = byHash[elementHash]
+        operator fun get(elementHash: ByteArray) = byHash[ByteArrayWrapper(elementHash)]
 
         operator fun set(elementHash: ByteArray, element: Element) {
             elementHash.toHexString()
-            byHash[elementHash] = element
+            byHash[ByteArrayWrapper(elementHash)] = element
             val target = element.target
             if (target != null) {
                 byTarget[target] = element
@@ -146,87 +162,65 @@ internal open class ProcessedFilesCache(
     )
 
     private val stateFile = targetDir.resolve(stateFileName)
-    private val old: State
+    private val state: State
 
     init {
         targetDir.mkdirs()
 
-        val state: State? = if (stateFile.exists()) try {
-            gson.newJsonReader(stateFile.reader()).use {
-                readFrom(it)
+        state = (if (stateFile.exists()) {
+            try {
+                gson.newJsonReader(stateFile.reader()).use { readFrom(it) }
+            } catch (e: Throwable) {
+                project.logger.warn("Cannot read $stateFile", e)
+                if (targetDir.exists()) {
+                    targetDir.deleteRecursively()
+                }
+                null
             }
-        } catch (e: Throwable) {
-            project.logger.warn("Cannot read $stateFile", e)
-            if (targetDir.exists()) {
-                targetDir.deleteRecursively()
-            }
-            null
-        } else null
-
-        old = state ?: State()
+        } else null) ?: State()
     }
 
-    private val new = State()
-
     internal fun getOrCompute(
         file: File,
-        compute: () -> String?
+        compute: () -> File?
+    ): File? = getOrComputeKey(file, compute)?.let { File(targetDir, it) }
+
+    private fun getOrComputeKey(
+        file: File,
+        compute: () -> File?
     ): String? {
         val hash = hasher.hash(file).toByteArray()
-        val old = old[hash]
+        val old = state[hash]
+
         if (old != null) {
-            new[hash] = old
-            return old.target
-        } else {
-            val key = compute()
-            val existedTarget = new.byTarget[key]
-            if (key != null && existedTarget != null) {
-                if (existedTarget.src != file.canonicalPath) {
-                    reportTargetClash(key, file, File(existedTarget.src))
-                }
-            }
-            new[hash] = Element(file.canonicalPath, key)
-            return key
+            if (checkTarget(old.target)) return old.target
+            else project.logger.warn("Cannot find ${File(targetDir.relativeTo(project.projectDir), old.target!!)}, rebuilding")
         }
+
+        val key = compute()?.relativeTo(targetDir)?.toString()
+        val existedTarget = state.byTarget[key]
+        if (key != null && existedTarget != null) {
+            if (existedTarget.src != file.canonicalPath) {
+                reportTargetClash(key, file, File(existedTarget.src))
+            }
+        }
+        state[hash] = Element(file.canonicalPath, key)
+
+        return key
     }
 
-    fun deleteTarget(key: String) {
-        targetDir.resolve(key).deleteRecursively()
+    fun checkTarget(target: String?): Boolean {
+        if (target == null) return true
+        return targetDir.resolve(target).exists()
     }
 
-    val targets: Collection<String>
-        get() = new.byHash.mapNotNullTo(mutableSetOf()) { it.value.target }
-
     protected open fun reportTargetClash(target: String, existedSrc: File, newSrc: File): Nothing =
         error("Both `$existedSrc` and `$newSrc` produces `$target`")
 
-    private fun getDeletedTargets(): MutableSet<String> {
-        val result = mutableSetOf<String>()
-
-        old.byHash.forEach {
-            val target = it.value.target
-            if (target != null) {
-                result.add(target)
-            }
-        }
-
-        new.byHash.forEach {
-            val target = it.value.target
-            if (target != null) {
-                result.remove(target)
-            }
-        }
-        return result
-    }
-
     override fun close() {
-        getDeletedTargets().forEach {
-            deleteTarget(it)
-        }
-
         stateFile.parentFile.mkdirs()
         gson.newJsonWriter(stateFile.writer()).use {
-            new.writeTo(it)
+            state.writeTo(it)
         }
     }
 }
\ No newline at end of file
diff --git a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/targets/js/npm/resolver/KotlinCompilationNpmResolver.kt b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/targets/js/npm/resolver/KotlinCompilationNpmResolver.kt
index f2144ea57e9..f6e898902c7 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/targets/js/npm/resolver/KotlinCompilationNpmResolver.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/main/kotlin/org/jetbrains/kotlin/gradle/targets/js/npm/resolver/KotlinCompilationNpmResolver.kt
@@ -190,7 +190,8 @@ internal class KotlinCompilationNpmResolver(
 
         fun createPackageJson(): KotlinCompilationNpmResolution {
             val resolvedInternalDependencies = internalDependencies.map {
-                it.resolution ?: error("Unresolved dependent npm package: ${this@KotlinCompilationNpmResolver} -> $it")
+                it.resolution
+                    ?: error("Unresolved dependent npm package: ${this@KotlinCompilationNpmResolver} -> $it")
             }
             val importedExternalGradleDependencies = externalGradleDependencies.mapNotNull {
                 resolver.gradleNodeModules.get(it.dependency, it.artifact)